San Antonio Weighs Annexation Plan

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

By Nathan Koppel San Antonio is moving ahead with plans to annex as much as 66 square miles around it, a land grab that would add as many as 200,000 people to the city and potentially make it the nation's ...

Asian Shares Mostly Up as Crude, Ruble Stabilize--2nd Update

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

By Kosaku Narioka TOKYO--Most Asian stocks rose Monday, taking their cues from greater stability in crude oil prices and the Russian ruble, along with the U.S. Federal Reserve's indication lastweek it would take a slow approach to raising interest rates. ...

Asian Shares Mostly Up as Crude, Ruble Stabilize

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

Asian stocks were mostly up Monday, with greater stability in crude oil prices and the Russian ruble, and the Federal Reserve's soft indication for a rate increase next year helping improve risk-taking sentiment. Australia's S&P;/ASX 200 was up 1.2% to ...

South Korea Trims 2015 GDP Growth Forecast to 3.8% From 4.0%

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

By Kwanwoo Jun SEOUL--South Korea's government trimmed its growth forecast for next year but said domestic demand--long a weak spot for the country--would contribute more to economic activity. The 2015 gross domestic product growth forecast was lowered to 3.8% from ...

Economists Again Cut Brazil Economic Growth Outlook

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

By Rogerio Jelmayer SAO PAULO--Economists again cut their economic-growth forecasts for Brazil for this year and next, as Latin America's largest economy has struggled to gain traction after suffering a recession in the first half of 2014. According to a ...

Oil Prices Fall After Early Gains -- 2nd Update

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

By Georgi Kantchev Oil prices fluctuated on Monday as a rebound that started late last week failed to gain traction and analysts predicted that volatility will continue. The price of crude has nearly halved since a peak in June as ...

Eurozone Consumer Confidence Boosted by Oil Price

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

By Paul Hannon Consumers in the 18 countries that share the euro became slightly more upbeat in December, likely reflecting the boost to real incomes from falling oil prices. The pickup in confidence indicates that household spending may increase slightly ...

Canada's Budget Deficit Rises on Tax-Relief Measures

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

OTTAWA--Canada in October recorded its biggest monthly budget deficit since last March after taking a 1.6 billion Canadian dollar ($1.38 billion) charge to cover the year-to-date costs of new tax-relief measures. Canada's federal government posted a budget deficit of C$3.21 ...

China Offers Russia Ruble Help

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

BEIJING--China says it is willing to provide assistance to Russia following recent sharp drops in the value of its currency, said a senior official, as President Vladimir Putin's regime faces continuing strains with the U.S. and Europe. Foreign Minister Wang ...

Goldman Sachs Sells Aluminum Business to Swiss firm

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

By Christian Berthelsen Goldman Sachs Group Inc. said Monday it had completed the sale of its Metro International Trade Services metal warehousing unit to a Swiss company. The sale to investment firm Reuben Brothers ends the New York bank's controversial ...

Canada Weekly Earnings Up 2.8% in October from Year Ago

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

By Carolyn King Average weekly earnings of Canadian non-farm payroll employees edged up 0.3% in October from September and were up 2.8% from the same month a year earlier, Statistics Canada said Monday. Weekly earnings averaged 942.00 Canadian dollars ($811.51) ...

White House Weighs Options Against North Korea

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

HONOLULU--The White House is considering an array of options for responding to North Korea's alleged hacking of Sony Pictures, including measures that would intensify financial pressure on Pyongyang by targeting banks and trading companies controlled by leader Kim Jong Un ...

Retail trade increased in November

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

Statistical news from Statistics Sweden and HUI Research 2014-12-22 9:30 AM Nr 2014:578 Turnover in Retail Trade, November 2014: Retail trade increased in November The retail trade sales volume increased by 4.5 percent in November compared to the same month ...

Walgreen Steers A Global Course

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

(FROM THE WALL STREET JOURNAL 12/22/14) By Paul Ziobro Walgreen Co., the largest U.S. drugstore chain by number of stores, is going to find out if bigger means better. Next week, Walgreen shareholders will vote on whether to complete a ...

Oil Prices Stage New Rally

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

By Georgi Kantchev Oil prices rose on Monday extending a rebound that started late last week, a trend analysts have attributed to traders closing short positions and looking for end-of-year bargains rather than a change in fundamentals. The price of ...

European Markets Register Modest Gains

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

By Christopher Whittall European markets on Monday clung to the expectation of further stimulus from the European Central Bank, with the yield on Spanish government debt sinking to a record low in quiet holiday-time trading. The yield on the country's ...

Brent Rebounds Back Above $62

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

Crude-oil futures rose in Asian trade Monday as the excessive drop in oil prices in recent weeks sparked some buying interest and short-covering among investors before the end of the year, traders said. On the New York Mercantile Exchange, light, ...

Rosneft's Planned Deal for Morgan Stanley Oil Business Collapses

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

By Alexander Kolyandr MOSCOW--OAO Rosneft's planned acquisition of Morgan Stanley's oil-trading and storage business has collapsed after the companies failed to win regulatory approval, amid tensions between the governments of the U.S. and Russia. Sanctions-hit Rosneft, Russia's largest oil company, ...

European Markets Register Modest Gains -- 2nd Update

TODAY: Dec. 23, 2014 PUB DATE: Dec. 22, 2014

By Christopher Whittall European markets on Monday clung onto the expectation of further stimulus from the European Central Bank, with the yield on Spanish government debt sinking to a record low in quiet holiday-time trading. The yield on the country's ...